Dalbar today released its 2006 update to “Timing of Statement Delivery,” a report that details how quickly Canadian mutual fund companies delivered their December 31^st 2005 statements to unitholders.

Toronto, February 9th 2006 – Dalbar announced today that Montreal-based National Bank Direct Brokerage (NBDB) has captured the 2005 Direct Brokerage Service Award, the second consecutive time the company has done so.  NBDB achieved the Award based on the quality of service provided by its telephone representatives and of its responses to customers’ e-mail inquiries throughout the year.